other material
confidence high
sentiment positive
materiality 0.50
BioAdaptives signs LOI to acquire U.S. Patent 9,783,432B for oxygenated water tech
BIOADAPTIVES, INC.
- LOI with inventor Thomas J. Mohr to acquire rights to patent covering enhanced-oxygen water.
- Technology reportedly embeds oxygen molecules in water for prolonged aerobic benefit.
- CEO Edward Jacobs states the tech could complement existing Lung Armor product line.
- Final terms involve options, licenses, consulting; consideration includes cash, royalties, warrants.